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Tag: Luxury Business Association

  • Global luxury market to shift toward experiential luxury

    Global luxury market to shift toward experiential luxury

    Global luxury market: Experiential luxury makes up almost 55 percent of total luxury spending worldwide   Experiences make luxury shoppers around the globe feel pampered. Experiences are in great demand. Yearly sales of deluxe experiences — from art auctions to spas to safaris — are growing 50 Percent faster than sales of high-end goods, says new report from The…